Gas Prices in Memphis, TN Today

Updated April 5, 2026 — Prices updated regularly from EIA data

$2.89

Average Regular Unleaded — Memphis, Tennessee

Current Gas Prices in Memphis

At $$2.89 per gallon, Memphis's current gas prices are $0.15 below the Tennessee average both the Tennessee average and the national benchmark. Savvy Memphis drivers know where to find the best prices in town.

Fuel TypePrice / GallonGradeTrend
Regular Unleaded$2.8987 octane▲ Rising
Mid-Grade$3.3489 octane▲ Rising
Premium$3.6191-93 octane▲ Rising
Diesel$3.91N/A▲ Rising

Price Comparison

Memphis Average
$2.89
Regular Unleaded
Tennessee State Average
$3.04
$0.15 below the Tennessee average
National Average
$3.99
$1.10 below the national average

About Gas Prices in Memphis

For Memphis commuters filling up weekly, choosing the right station matters. Annual fuel spending for a 15-gallon weekly fill-up at ${price}/gallon totals roughly ${annualCost}. Cutting 10 cents per gallon through strategic choices saves about $78 annually — real money with zero sacrifice.

Gas Prices by Brand in This City

Estimated prices based on brand modifiers. Sorted cheapest to most expensive.

CHEAPEST
Costco
$2.74
Speedway
$2.86
Circle K
$2.87
Sunoco
$2.90
Marathon
$2.91
BP
$2.93
Mobil
$2.94
Exxon
$2.95
Shell
$2.97
Chevron
$2.99

Fuel Type Prices in This City

Regular Unleaded
87 octane
Premium Gasoline
91-93 octane
Diesel Fuel
N/A

Gas Prices in Nearby Cities

Bartlett$3.04Jackson$2.94
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Frequently Asked Questions

Today's average gas price in Memphis is $$2.89 per gallon for regular unleaded. Premium is approximately ${premPrice} and diesel runs ${dslPrice}. Individual station prices vary by 15-25 cents across the metro area.
The cheapest gas in Memphis is typically found at warehouse clubs (Costco, Sam's Club), high-volume discount chains like Circle K and Speedway, and stations in commercial strips with multiple competitors. Our brand comparison table shows current estimated prices by major brand in Memphis.
Memphis's current average of $$2.89 compares to the Tennessee statewide average of $$3.04. Memphis is $0.15 below the Tennessee average the state average, which is typical for a metro of its size and location.
Gas stations in Memphis typically update prices 1-3 times per week in response to wholesale market changes. Prices generally dip early in the week and rise Thursday-Sunday. Following weekly trends helps identify optimal fill-up windows.
Costco and Sam's Club fuel stations serve many major metropolitan areas and offer the lowest prices for members — typically 15-25 cents below local market. Membership costs $65-130/year but typically pays for itself in fuel savings alone for regular drivers.

Related Gas Price Pages

Gas Prices in TennesseeCheapest Gas in MemphisGas Prices Near MemphisCompare All StatesRegular Unleaded in MemphisPremium Gasoline in MemphisDiesel Fuel in MemphisShell - MemphisExxon - MemphisBP - MemphisChevron - MemphisMobil - MemphisGas Prices in BartlettGas Prices in Jackson